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Jul 15, 2011
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>> they get a big of a deal. we will do it in a long term. >> it is a 1 month extension of the debt ceiling compared to doing it until 2012. >>, the risk is that you lose credibility in the markets about your willingness to experience a few did that, it would be important to send signals somehow that you have a plan. >> better to do it now than ever did in 2213 than a month at a time? >> thank you. >> thank you. thank you. i just have one question. in view is the largest holder of our treasury debt? is it the chinese government? is it the chinese institution? >> they have a lot of it. >> the reserve holdings is there. >> effectively, it became our debts and not paying this. we would be paying the chinese central bank. it would a probably raise the debt ceiling. there is used for the deficits that we face. we are trying to do that. ironically, when you do this, the irony and the priority is to the chinese central bank. it is lower on the pecking order. it would practically be seniors and social security recipients
>> they get a big of a deal. we will do it in a long term. >> it is a 1 month extension of the debt ceiling compared to doing it until 2012. >>, the risk is that you lose credibility in the markets about your willingness to experience a few did that, it would be important to send signals somehow that you have a plan. >> better to do it now than ever did in 2213 than a month at a time? >> thank you. >> thank you. thank you. i just have one question. in view is...
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Jul 2, 2011
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guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors in order to make sure not only are they getting the appropriate care but getting it in the setting that they want and having the quality of life that they want as well. me
guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs?...
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Jul 19, 2011
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this is a big deal. the idea that because it is a short bill, it is no big deal, which cannot follow regular process. that is not the weight -- the right way to go. >> thank you, mr. mcgovern. miss foxx, if you read the bill, that only applies the fiscal year 2012. it sets of budget targets for 10 years. the only way that cap applies is the first year. the remaining years continually ratcheted down. it is in the section related to the cut, ok? it goes cut, and then capped, rigging of thee id constitution, that is what it does. so if you look at the constitution, i would urge the american people not just to read this. but read it in connection to the constitutional provision that they are proposed, which jerry rigs the constitution of the united states in a way that favors by definition cussed the things like medicare over closing corporate loopholes. it requires two-thirds to eliminate the corporate tax loophole for the purpose of that is a reduction. you're going to put that into the constitution of the
this is a big deal. the idea that because it is a short bill, it is no big deal, which cannot follow regular process. that is not the weight -- the right way to go. >> thank you, mr. mcgovern. miss foxx, if you read the bill, that only applies the fiscal year 2012. it sets of budget targets for 10 years. the only way that cap applies is the first year. the remaining years continually ratcheted down. it is in the section related to the cut, ok? it goes cut, and then capped, rigging of thee...
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Jul 27, 2011
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i think that is a big step of the right direction, and we put real caps in place. it is going to be the less than it was last year. >> some were saying last night that the cuts would allow for more spending than the ryan budget. is that correct? >> i would much rather have the house republican budget, but this bill was a product of a bipartisan discussion and a bipartisan negotiation. that is why it is not exactly everything we would want it to be. [unintelligible] >> are you confident this is going to pass? [unintelligible] >> this was negotiated in a bipartisan manner between both houses of congress. i think we will have work to do to get it passed, but i think we can do it. >> the markets are down this morning. even if the plan does not reach $1 trillion, are you worried -- >> i do believe this plan is enough. when the joint committee gets together, they are required to find cuts at least $1.80 trillion. the first step in this project is to make sure we pass this in the house and i would ask all my colleagues, to look at this common-sense plan, a common- sense w
i think that is a big step of the right direction, and we put real caps in place. it is going to be the less than it was last year. >> some were saying last night that the cuts would allow for more spending than the ryan budget. is that correct? >> i would much rather have the house republican budget, but this bill was a product of a bipartisan discussion and a bipartisan negotiation. that is why it is not exactly everything we would want it to be. [unintelligible] >> are you...
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Jul 16, 2011
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we are one big team and execute one big team and look down at the earth that's one big planet. the more people we get up here to see that perspective the better off we will be. >> i'm with cade tv channel to you this, if oxalate. my question is for wrecks. tommy what do you have to tell people, how do you inspire them to look to the future, how do they get in space? >> number one, work harder especially math and science and number two, have persistence because as hard as he worked it's going to take persistence. as a kid is getting in my backyard looking at the airplane circling around to go in san francisco and while i hope i get a chance to fly one day. to be here with my crew mates flying over the years that 200 miles of but 17,500 miles per hour it's really a dream come true. and the simple things like floating and flying in zero gravity is amazing. everybody dreams about the dreams you can fly and here to can actually do it. it's amazing in your dreams really can come true. >> atlantis this is houston. that concludes questions from the ames research center. please stand by
we are one big team and execute one big team and look down at the earth that's one big planet. the more people we get up here to see that perspective the better off we will be. >> i'm with cade tv channel to you this, if oxalate. my question is for wrecks. tommy what do you have to tell people, how do you inspire them to look to the future, how do they get in space? >> number one, work harder especially math and science and number two, have persistence because as hard as he worked...
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Jul 15, 2011
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>> big. i mean, it's important. it's heavy how much regulation is, how will enforce the regulation is, how can you stand the regulation is throughout the country. those are enormously written to us as we go forward. and i should say it really needs of industry, consumer groups, looks exactly an issue that's been raised and there were some differences of opinions between the community banks and the nonregulated financial services about how much effect at regulation. >> i would just encourage you that the original intention was not for the states. >> i thank the gentleman. for faster warren as i predicted, additional members have returned. could you be kind enough to give us a to another 15 minutes? >> of course. >> it's still been a long day for you. but i'd like to do during this intervening period is an announcement that the ranking member and chair have agreed to a series of joint letters related to specifically and is germane to the area you will be involved in a week from now, related to the members of the milit
>> big. i mean, it's important. it's heavy how much regulation is, how will enforce the regulation is, how can you stand the regulation is throughout the country. those are enormously written to us as we go forward. and i should say it really needs of industry, consumer groups, looks exactly an issue that's been raised and there were some differences of opinions between the community banks and the nonregulated financial services about how much effect at regulation. >> i would just...
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Jul 20, 2011
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anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the re
anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our...
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Jul 1, 2011
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security challenges obviously remain a big problem. and i think that we're going to have to try to dig through all those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime that's being spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. then i think it's time we focus on the mission where we are training security forces and we are working to provide stability against taliban and the kind of structure that we need to support going after al qaeda on the border of pakistan and afghanistan. perhaps it's time to shut down $17 billion worth of money going for reconstruction projects when our track record really stinks when it comes to reconstruction projects. now, i hope that you all are going to convince me i've become cynical and angry and frustrated about the way we're spending money in theater and i want to tell you i'm looking for good n
security challenges obviously remain a big problem. and i think that we're going to have to try to dig through all those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime that's being spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. then i think it's time we focus on the mission where we are...
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Jul 8, 2011
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there were some big losses on fortunately, some big lessons learned. perhaps the biggest loss was the program. we encourage the consolidation of the military and civilian weather system. it turned out to be a logistical nightmare with the primary user met with nasa in the dod to agree on a system of grow phenomenally out of the budget just went haywire, and requirements for the system were not controlled in a way that is spending dramatically out of control and eventually the program had to be killed and separated, so there was a big loss. my own personal loss i was involved in this case transformation policy-making at the time and we were passionate about the x33 program single stage oregon and i learned a very important lesson, which is policy never trump's physics. so you can say whatever you want, but if you can't do it, if it will happen, and we wanted to will the single states to orbit in existence and we had a beautiful concept that looked like the future we did this didn't have the technology. and ultimately we didn't have the will either. i th
there were some big losses on fortunately, some big lessons learned. perhaps the biggest loss was the program. we encourage the consolidation of the military and civilian weather system. it turned out to be a logistical nightmare with the primary user met with nasa in the dod to agree on a system of grow phenomenally out of the budget just went haywire, and requirements for the system were not controlled in a way that is spending dramatically out of control and eventually the program had to be...
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Jul 26, 2011
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it was a big challenge. it took patience from us to manage to ask the experts in the constitution and the economy, and the big challenge is that the demands of the people has only political backgrounds, but their decisions would have the economic background and security background. so our decisions appeared has slowed to the people. but it was not slow. if you see the achievements and six months, you can see supra issue intrudes -- the biggest achievements. now people are recognizing that there is excess success we have the following procedure. polish that there is excess -- that there is success we have to follow and proceed. they have many demands. >> to you try to meet with them? >> have met with many factions of them. i am not saying that they are not good, but every group or person has his agenda, his demands, and it is absolutely -- no government in the world can respond to all of these collective demands. we have enough patience to deal with them and we are committed until this moment that the fire on
it was a big challenge. it took patience from us to manage to ask the experts in the constitution and the economy, and the big challenge is that the demands of the people has only political backgrounds, but their decisions would have the economic background and security background. so our decisions appeared has slowed to the people. but it was not slow. if you see the achievements and six months, you can see supra issue intrudes -- the biggest achievements. now people are recognizing that there...
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Jul 28, 2011
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a big portion of this, i guess this goes to the point. one of the things i relief frightened about what we are doing now is that the cuts are doing now is that the cuts are going to be disproportionately at poor people and the vulnerable and senior citizens. >> i also made it very clear that people who are truly in need should qualify and receive the benefits of food stamps. what i said if there were two instances. one was relating to one program, the other to the tanner program. these are things i believe in a bipartisan way we can work to address to assure that those people about whom my friend and i and all of us are concerned will actually get the benefits that are necessary, and we will not have the kinds of problems that both democrats and republicans alike have acknowledged exist with both programs as relates to food stamps. i am going to urge my colleagues to oppose the amendment of my friend from rochester, and those in favor of the slaughter and mehmet will say aye, those opposed will say no -- in favor of the slaughter amendmen
a big portion of this, i guess this goes to the point. one of the things i relief frightened about what we are doing now is that the cuts are doing now is that the cuts are going to be disproportionately at poor people and the vulnerable and senior citizens. >> i also made it very clear that people who are truly in need should qualify and receive the benefits of food stamps. what i said if there were two instances. one was relating to one program, the other to the tanner program. these...
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Jul 22, 2011
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so the only e that can have a rule overturned is a big bank on wall street, one who is too big to fail. the way it is currently written, you have given a voice to those people who helped cause this financial crisis. you know what? i'm not from wall street. i'm from small-town, rura wisconsin. we don't have big wall street banks. we have small community banks and we have credit unions. the way the current bill is written, not mine, the one that's in existence today, it doesn't give a voice to the people in my community if a rule that comes down from the cfpb is going to affect them negatively. on main street, the very people who had nothing to do with the financial crisis, who hen't been given a voice, but will if my bill passes, those are the people who deal with our small business owners. with our family members. people who are looking at expanding their business, growing their business, creating jobs in our community. they rely on community banks and credit unions for loans. and they don't have a voice. i don't understand that. and then, those same people that you look to when you wa
so the only e that can have a rule overturned is a big bank on wall street, one who is too big to fail. the way it is currently written, you have given a voice to those people who helped cause this financial crisis. you know what? i'm not from wall street. i'm from small-town, rura wisconsin. we don't have big wall street banks. we have small community banks and we have credit unions. the way the current bill is written, not mine, the one that's in existence today, it doesn't give a voice to...
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Jul 14, 2011
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there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways to tax excessive leverage, including thin capitalization tax. the imf made a good report to the g-20 on these issues. >> thank you very much. >> you said that a lower corporate tax rate would remove pressure on the debt over equity. can you explain how that would address the debt equity bias that we have heard about? >> the most simple version of this is the entity level taxation is part of the problem. reducing that rate ends up taking away that distortion to some agree. but a kind of goes further. one of the problems is not just that in the aggregate for nonfi
there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways...
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Jul 23, 2011
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embassy as i walk down bohol all the pictures of all of the former president's with a very large and big smile with mubarak. they put out a new book, the embassy put out a new book. president obama is on the cover and it shows all of the previous people, republican and democrat, who have been with this administration so a lot of the fault lies. we will see with this find is in this country when these issues are offered because i think there's a lot of blame right here in of river city and by republicans and democrats. the coptic christians and frankly i don't want to see the coptic christians leave egypt. they will not be the middle east and for too long people up here and in the previous administration has been reluctant to advocate for those who are being persecuted because they are christians, whether it be in afghanistan, whether it be in pakistan or in the egypt and all over, the two questions that i have. how many convictions have there been over the last several years? and how many occasions do you know where the american embassy has advocated for these cases? because generally be
embassy as i walk down bohol all the pictures of all of the former president's with a very large and big smile with mubarak. they put out a new book, the embassy put out a new book. president obama is on the cover and it shows all of the previous people, republican and democrat, who have been with this administration so a lot of the fault lies. we will see with this find is in this country when these issues are offered because i think there's a lot of blame right here in of river city and by...
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Jul 16, 2011
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that is a big difference. so the talk or some of the reports have indicated that republicans somehow have not given. i just tell you, that is not true. we'll work at $6.2 trillion, they are at $1.5 trillion at best. that is just the way it is. so what we want we said is that the speaker continues to set out there to change the system here. we want to go home to the people that elected us and show them that we're not going to allow this kind of spending to continue. we do not have the money, they do not have the money. we need to get the economy growing again and control spending here in washington. we're going to bring a bill next week's known as the cup, cap, and balanced bill to provide a balanced approach so that we can demonstrate that we are getting things under control and that the people who put us here in gain some confidence that we're going to begin to live like they do or around their kitchen tables and in their businesses, stops spending money we do not have, and begin to manage this deficit and de
that is a big difference. so the talk or some of the reports have indicated that republicans somehow have not given. i just tell you, that is not true. we'll work at $6.2 trillion, they are at $1.5 trillion at best. that is just the way it is. so what we want we said is that the speaker continues to set out there to change the system here. we want to go home to the people that elected us and show them that we're not going to allow this kind of spending to continue. we do not have the money,...
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Jul 13, 2011
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at times that is a big outfit. famous come to the conclusion pen. they would have the overall responsibility. it would not come. >> he would have heard that this was not the tone. they have this reputation as an investigator. he got on with it. he kept his cards very close to his chest. there were below them. that dangerous men. he did not want him on the bench. and not quite sure who else i could have gone too. they performed to the best of their ability. >> you have made their own judgment on that. >> thank you. >> thank you. i feel a little bit like i have fallen through the rabbit hole. you said that in the original investigation, you noticed no stone was left unturned. we wonder why there was a decision not to have exhausted analysis of this. there is no assessment of any additional victims. can you explain your role in that position and your assessment? >> i will pick of the mood of the committee. i had no involvement in that decision. i think they also had the evidence. they with their within the parameters. >> been made the decision himself.
at times that is a big outfit. famous come to the conclusion pen. they would have the overall responsibility. it would not come. >> he would have heard that this was not the tone. they have this reputation as an investigator. he got on with it. he kept his cards very close to his chest. there were below them. that dangerous men. he did not want him on the bench. and not quite sure who else i could have gone too. they performed to the best of their ability. >> you have made their own...
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Jul 1, 2011
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saving now, they're lots of ways to cur the deficit, but saving taxpayer subsidies for big oil while anda medicare is not in my mind a solution. it makes no sense, mr. president to get a taxpayer-funded subsidb to the big five oil companies ol earning $12 billion in profits o month. they are going to earn aboutbils $144 billion in profits this year alone and say to families, you have to sacrifice even morea now, those on the other side ofs the aisle would tell the middle-class student whose family earns the medium family income of a little over 50,000yt dead now, you can't go to fede college. you can get a g pell grant fromn the federal government, but exxon mobil, a company that wils earn $42.6 billion in profits this year it needs government assistance. and they will continue to comean to this solar, look america int the eye and say that somehow is common phase deficit reduction. mr. president, there simply is no common sense explanation for balancing the budget on the backs of working families and ke that a multibillion dollarsp oin companies keep billions in tax payer dollars.bat
saving now, they're lots of ways to cur the deficit, but saving taxpayer subsidies for big oil while anda medicare is not in my mind a solution. it makes no sense, mr. president to get a taxpayer-funded subsidb to the big five oil companies ol earning $12 billion in profits o month. they are going to earn aboutbils $144 billion in profits this year alone and say to families, you have to sacrifice even morea now, those on the other side ofs the aisle would tell the middle-class student whose...
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Jul 12, 2011
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that's a big piece in the budget. until we push through that and get folks back to work and the economy back own track, focusing on the deficit will only, only further push our economy in the wrong direction, and my biggest fear right now is that if we do -- if the things work out in the way that it seems to be every morning when i get up and read the paper and get mad over my kitchen table, and as things go that way and cut in spending, and if we don't invest more money in unemployment insurance, if there's not a deal to cut spending, that's only going to raise unemployment. it's only going to lead to a worsening of our situation which will in turn just exacerbate the deficit budget. we're on a downward spiral and thanks to the leadership of congressman levin and senator franken, hopefully we'll continue to go in that direction. >> can i ask a question? >> sure. >> there's a program called american bonds, and over 100 million bonds have been used in its infrastructure, and you know somebody got up on the floor of the
that's a big piece in the budget. until we push through that and get folks back to work and the economy back own track, focusing on the deficit will only, only further push our economy in the wrong direction, and my biggest fear right now is that if we do -- if the things work out in the way that it seems to be every morning when i get up and read the paper and get mad over my kitchen table, and as things go that way and cut in spending, and if we don't invest more money in unemployment...
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Jul 2, 2011
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we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening remarks. i want you to think seriously about what it implies. singapore is not worrying about the jasmine revolution. singapore is the model. think of china as a giant, technocratic singapore in which the one-party state evolves itself in ways to avoid the collapse of th soviet experience. the second point, and this is where differ, it is precisely when nations are struggling with problems of internal political reform and challenges from below that they are most likely to pursue a more selfish and aggressive foreign policy. t
we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening...
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Jul 6, 2011
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>> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my staff stopped hassling. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> the head of the national institute of health talks about science and innovation in the u.s.. the state department calls on the syrian government to withdraw troops. that briefing is later. in case you just missed it, wikileaks founder in a forum in london. >> on tomorrows "washington journal," we continue our discussion on federal spending and the national debt. after that, pet
>> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my...
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Jul 19, 2011
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i am sure we will make that a big part of our discussion. but, there are two ways to measure how redistricting affects the sure in the house. you can look at it in terms of the scorecard that i just went over. if you add up all of those columns, which seat is going to end up ahead at the end of the day? i think it will be very close to a wash depending on florida. i think possible democrats could pick up a handful from the process which is surprising given republicans earn so many state legislative chambers and picked up so much control in 2010. but then, the other side of the equation is really how much can republican shore up the gains that have been made in 2010? and that is a part of the equation that has been more difficult for a lot of us in the pundit world to call a -- quantify. but one measurement that was kind of suggested at real clear politics.com and i appreciate this more than a lot of other metrics that have been thrown out there is how far to the right does it move as a result of republicans in pennsylvania and ohio and michi
i am sure we will make that a big part of our discussion. but, there are two ways to measure how redistricting affects the sure in the house. you can look at it in terms of the scorecard that i just went over. if you add up all of those columns, which seat is going to end up ahead at the end of the day? i think it will be very close to a wash depending on florida. i think possible democrats could pick up a handful from the process which is surprising given republicans earn so many state...
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Jul 7, 2011
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the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close landfills, which are huge in matters of methane gas, and which are gold mines. in all those landfills, you have recyclable glass, plastic, and metal, and all the rest. the organic material can be turned into fertilizer and the rest can be turned into electricity. we are trying to do the same thing. we have doubled, tripled, and sometimes quadruple the income of african farmers by lowering the cost of fertilizer and seed, and working out a distribution network, and saving them have their income by taking their products to market. the po
the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close...
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Jul 29, 2011
07/11
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in the name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but the republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the american people su
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now...
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Jul 21, 2011
07/11
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that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who appointed someone, his former communications director, a former editor of "news of the world" when the hacking was taking place. it is hard to believe the prime minister did not know that hacking was endemic at "news of the world," so the only conclusion is that he did not care. host: how do you perceive the coziness or relationship between u.s. politicians and reporters? guest: well, it certainly can be cozy. politicians and reporters socialize together. they go to the same parties very often here in washington. but i don't think it is quite reached the level of the occasions that ha
that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who...
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Jul 7, 2011
07/11
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one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i agree.to wor i'm going to work on it but i'm wi not willing llto raise the tax d o'neill said i'm willing to to k work, but i don't want to cut the benefit.ooked at the the actuary and said what we dos you push the eligibility out and get the system back in the actuarial soundness. 1 i was 39 in 1983. i would have been collecting age social security at 65 in 2010gan yut because reagan and o'nealhe got to get ready pushed mye y eligibility out by one year to age 66, 65 and now incrementally goes up two years to 67 in a few years. that's the system and actuarial7 soundness for 67 years.dden i agai
one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i...
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Jul 23, 2011
07/11
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i t
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 27, 2011
07/11
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. >> this is a big deal. in i don't dig it should be trivialized and i think it is one area where there is not enough done that there is not enough central administration of budget authority. >> ride, so i will stick with national intelligence manager. and, i think the challenge is that we do face a much more difficult vegetarian byram and then we did in the last few years and i fully appreciate that reality. i've seen it in my role at nsa where i have been part of the senior leadership meetings about how nsa is going to react and respond to the budget constraints that we are likely to face, that we will face. the question will be, how do we make sure that we are focusing on the right priorities as a community and how do we achieve efficiencies where we can in order to meet the challenge that the current budget environment proposes? >> well, you see, from my point of view counterterrorism is extraordinarily important. is vital to the protection of the homeland. therefore having a strategy and an approach to i
. >> this is a big deal. in i don't dig it should be trivialized and i think it is one area where there is not enough done that there is not enough central administration of budget authority. >> ride, so i will stick with national intelligence manager. and, i think the challenge is that we do face a much more difficult vegetarian byram and then we did in the last few years and i fully appreciate that reality. i've seen it in my role at nsa where i have been part of the senior...